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Marathon Gas Station 21W042 Lake St
2,442 SF Retail Building Addison, IL 60101 £2,339,526 (£958/SF)
Investment Highlights
- Heavy daytime traffic count (75,000 vehicles per day)
- Potential redevelopment
- Signalized corner with highway ramp next to the property
Executive Summary
Data Room Click Here to Access
- Offering Memorandum
Taxes & Operating Expenses (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
£12,735
|
£5.22
|
| Operating Expenses |
£6,103
|
£2.50
|
| Total Expenses |
£18,838
|
£7.71
|
Taxes & Operating Expenses (Actual - 2023)
| Taxes | |
|---|---|
| Annual | £12,735 |
| Annual Per SF | £5.22 |
| Operating Expenses | |
|---|---|
| Annual | £6,103 |
| Annual Per SF | £2.50 |
| Total Expenses | |
|---|---|
| Annual | £18,838 |
| Annual Per SF | £7.71 |
Property Facts
Amenities
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalised Intersection
- Monument Signage
- Air Conditioning
About 21W042 Lake St , Addison, IL 60101
Potential redevelopment for a larger convenient store, gas station operator. Profitable Gas Station with Auto Body Shop in Prime Location. Price incudes Property and Business. This well-established gas station and auto body shop is situated on signalized corner in a high-traffic area (over 75,000 vehicles per day), ensuring consistent customer flow and strong sales. Ideal for a qualified buyer, this business offers significant potential for increased profitability. The business has a Long-standing reputation with a loyal customer base. High traffic area with excellent visibility and next to the I355 on ramp. A second building and parcel on the property can be leased for extra income. Plenty of space for customer and staff parking. Highly Profitable Gas Station with Auto Body Shop in Prime Location. Price incudes Property and Business. This well-established gas station and auto body shop is situated on signalized corner in a high-traffic area (over 75,000 vehicles per day), ensuring consistent customer flow and strong sales. Ideal for a qualified buyer, this business offers significant potential for increased profitability. The business has a Long-standing reputation with a loyal customer base. High traffic area with excellent visibility and next to the I355 on ramp. A second building and parcel on the property can be leased for extra income. Plenty of space for customer and staff parking. Potential redevelopment for a larger convenient store, gas station operator. Combined parcels 21W020 Lake St. & 21W042 Lake St. 02-13-412-020 and 02-13-412-021
PROPERTY TAXES
| Parcel Numbers | Total Assessment | £224,563 | |
| Land Assessment | £86,210 | Annual Taxes | £12,735 (£5.22/sf) |
| Improvements Assessment | £138,353 | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
-
Vickie Soupos -
COLOVOS | SOUPOS Group
Presented by
Marathon Gas Station | 21W042 Lake St
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